SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

BROOKINGS, SD, 57006-1303 (605) 697-7475 Est. 1945 EIN 46-0273801
B110 - Education 990 - Public charity return 501(c)(3)
www.sdstatefoundation.org

Mission

ENHANCING EXCELLENCE BY CULTIVATING GENEROSITY AND TREASURING THE LOYALTY OF ALL WE SERVE.

Giving Portfolio

Total Grants
21
Total Giving
$221.7M
Recipients
21
Years Active
2018 - 2024
Avg grant: $11,146,239 Median: $1,186,660

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$52.0M $17.3M03
20233$59.6M $19.9M03
20223$23.1M $7.7M12
20214$20.4M $5.1M22
20203$26.7M $8.9M21
20185$40.0M $8.0M50

Sectors Funded

Education
7
Community Improvement
3
Recreation & Sports
2

Top States

South Dakota
17
Minnesota
2
Washington
1
Indiana
1

Grantee Size Profile

$1M - $5M
4
$5M - $10M
3
Under $100K
3
Over $50M
2
$100K - $500K
1

Top Grantees

Page 1 of 2

Grants Awarded · 15 grants

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Financials

Total Revenue
$73,265,294
Total Expenses
$62,013,343
Net Assets
$399,740,891
59 employees 100 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
6.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 15.1%
Expenses ↓ 9.4%
Revenue Sources
Contributions 79.3% Earned revenue 3.7% Investment 15.7% Other 1.0%
Expense Breakdown
Program 83.8% Management 8.7% Fundraising 7.5%

Officers & Trustees (20)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$73,265,294 ↑$62,013,343$399,740,891
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$63,664,809 ↓$68,418,903$376,901,100
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$86,766,590 ↑$31,153,517$362,449,957
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$85,922,065 ↑$28,523,415$333,342,228
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$54,798,337 ↑$34,303,687$259,857,158
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$48,237,366 $46,907,490$179,634,568

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EIN: 46-0273801 · Source: IRS Form 990 e-file data